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Is mutually beneficial cooperation in trust games more prevalent with private property or common property? Does the … strength of property right entitlement affect the answer? Cox, Ostrom, Walker, et al. [1] report little difference between … cooperation in private and common property trust games. We assign stronger property right entitlements by requiring subjects to …
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1. Chapter One: Introduction -- 2. Chapter Two: Self-Ownership and Property Rights -- 3. Chapter Three: Legacies of … Injustice and Racial Inequality -- 4. Chapter Four: Property Rights and the Rule of Law -- 5. Chapter Five: Capitalism, Markets … Chronicles. We can have individual liberty and property rights. Or we can have reparations. But we can’t have both. This is the …
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questions across a range of areas, from consumer safety law to corporate law to property law. Discussion is also devoted to the …
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The paper uses the findings of psychology, behavioral economics, and behavioral ethics to revisit three main related assumptions of the rational-choice approach to equity, by developing three main points: first, not only bad people try to circumvent the law; second, behavior depends on the...
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Himmelberg, Hubbard, and Love combine the agency theory of the firm with risk diversification incentives for insiders. Principal-agent problems between insiders and outsiders force insiders to retain a larger share in their firm than they would under a perfect risk diversification strategy. The...
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